The British pound may rise on the important releases

11:24 08.02.2019

The levels of GDP growth and manufacturing production for Great Britain will be published on February 11 at 11:30 MT time. Last time the economic growth of the country outperformed the expectations and rose by 0.2%. As for the level of manufacturing production, it declined by 0.3% in the previous month. The main risks for the economy of the country and the British pound are connected with Brexit. That is why higher-than-expected indicators may help the GBP to get positive momentum.

• If the indicators are higher than the expectation, the GBP will rise;

• If the indicators are lower than the expectation, the GBP will fall.

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